Morocco to Supply UK with Clean Energy
Morocco is building a 10.5 Gigawatt Solar and Wind farm to supply clean energy via Subsea Cables to the United Kingdom(UK). This twin 1.8 GW high voltage direct current (HVDC) [...]
AfDB Abandons Investment in New Coal Plants
African Development Bank(AfDB) has said it has completely halted investments in any new coal projects, throwing this energy sub-sector into disarray. This disclosure was made recently by Dr Kevin Kariuki [...]Google Lands Equiano Cable In Nigeria
Google and WIOCC, a cable landing partner, have announced the landing in Lagos, Nigeria, of the State-of-the-Art Equiano Subsea Cable. The cable will become a critical element in meeting Nigeria’s [...]TotalEnergies, Shell in Fresh Bid to Explore Oil in S. Africa
TotalEnergies, Shell want to explore for oil on a block off South Africa’s Southwest Coast months after hitting legal minefields This move comes months after two attempts to conduct seismic [...]Angola Signs Gas Supply Deal with Italy
Angola has signed a gas supply deal with Italy, seeking to ramp up gas supplies as Italy urgently scrambles to break away from Russian gas over the Ukraine war. Italian [...]
US Treasury Approves $500 Million Financial Aid for Ukraine
The United States has approved a $500 million financial aid package for Ukraine, to help the latter's government to continue paying salaries, pensions and providing services. The assistance follows $800 [...]Dubai Business Park Operator to do an IPO
Dubai Tecom Group, a business park operator plans to convert into a public joint-stock firm ahead of doing an initial public offering(IPO0 This is as the firm provides office space [...]Netflix Loses Subscribers for First Time in More than 10 Years
The number of Netflix subscribers has fallen for the first time in more than a decade. The streaming company said it has lost 200,000 members in the first three months [...]
Toyota to Invest $383 Million in US Plants
Japan-based auto maker, Toyota, has announced plans to invest $383 million in four of its U.S. production plants building new Toyota and Lexus vehicles. The new investment is aimed at [...]Google Opens Product Development Centre in Nairobi
Google has opened a product development centre in Nairobi, its first in the continent, seeking to build products and services for the African market and also the whole world. The [...]Delta Air Lines to Finally Fly to Cape Town
Delta Air Lines is set to start flying to Cape Town, South Africa, after its application to fly a triangular route between Atlanta, Johannesburg, and Cape Town was approved by [...]China's Economy Grows 4.8% in Q1 Despite the Resurgence of COVID-19
China’s economy grew 4.8 per cent year on year in the first quarter (Q1) of 2022 despite challenges from an increasingly complex international environment and resurgences of COVID-19 cases at [...]
